Mulhaq Loans

Use your parent’s home as collateral to get your own home loan

Exclusive for UAE Nationals: Get a mortgage on your parents’ home

Loan amount of up to AED 25 million

Loan-to-Value (LTV) up to 70%

Minimum 21 years old to be eligible

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Mulhaq Loans

Get your loan

Let us help you with your loan

Apply for new loan
Move to Emirates NBD

Build your dream home with Emirates NBD

Key benefits and highlights

Apply with a minimum salary of AED 10,000
Available for salaried and self-employed individuals
Finance up to 70% of the Property Value
Life and property insurance options available
No application fee
Free partial settlement, up to 20% of the loan amount
Finance of Government housing programs available
Apply with a co-borrower

Terms and conditions apply

Apply now

I want to borrow

AED 250,000 AED 20,000,000

12 Months 300 Months

You can borrow AED {0} Home Loan

with monthly payments as low as

AED

Tentative rate: 6.65% p.a. (reducing)
Rates and benefits will be applicable based on the customers segment, eligibility and borrowing capacity as per the banks credit policy and central bank regulation.
Linked to 1-month EIBOR + 1.99% per annum reducing balance. Reference Rate is calculated based on EIBOR rate as of 04^th November 2024. Rate applicable will be calculated based on the current rate of EIBOR as on the date of loan disbursal.

Switch your home loan to us and get special interest rates

Highlights

Competitive interest rates
Quick processing & fast approval
Post-sales support
Wide range of products

I want to borrow

AED 250,000 AED 20,000,000

12 Months 300 Months

You can borrow AED {0} Home Loan

with monthly payments as low as

AED

Benefits of getting a home loan with Emirates NBD

Mortgage loan buyouts

Switch your existing home loans to Emirates NBD and benefit from our low-interest rates and higher loan amounts

Commercial loans for retail spaces & office units

Purchase constructed and ready commercial properties with our commercial mortgage loans

Home Loans for non-residents

Own a home in the UAE while living in your home country with our loans for non-residents

Eligibility

Exclusive for UAE Nationals

Minimum salary: AED 10,000

Documents required to apply

For salaried individuals

Passport and Emirates ID
Salary certificate addressed to Emirates NBD
Bank statement for the last 6 months
Pay slips for the last 6 months if pay varies more than 10%

For self-employed

Passport and Emirates ID
Copy of Trade License
Memorandum of Association (MOA), including all amendments
Bank statement for the last 6 months
Audited company financials or the last two years

Co borrowers documents (if applicable)

Co-borrower's passport and Emirates ID
Income documents (if applicable)
Pay slips for the last 6 months if pay varies more than 10% (if applicable)
Bank statement for the last 6 months (if applicable)
If the co-borrower is a company owner, please share the MOA and Trade License

If moving your loan to Emirates NBD

Valid Passport & Emirates ID
Property documents and title deed
Existing bank loan documents

For salaried individuals

Passport and Emirates ID
Salary certificate addressed to Emirates NBD
Bank statement for the last 6 months
Pay slips for the last 6 months if pay varies more than 10%

For self-employed

Passport and Emirates ID
Copy of Trade License
Memorandum of Association (MOA), including all amendments
Bank statement for the last 6 months
Audited company financials or the last two years

Co borrowers documents (if applicable)

Co-borrower's passport and Emirates ID
Income documents (if applicable)
Pay slips for the last 6 months if pay varies more than 10% (if applicable)
Bank statement for the last 6 months (if applicable)
If the co-borrower is a company owner, please share the MOA and Trade License

If moving your loan to Emirates NBD

Valid Passport & Emirates ID
Property documents and title deed
Existing bank loan documents

What our customers are saying

"The best bank in the UAE, I am really enjoying their promotions and services ##LongLiveEmiratesNBD"

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Borrow wisely

Understand mortgages better

Support

How can we help?

Applying for a home loan
Buying your first home in the UAE
Your credit score
Your debt-burden ratio

Early loan settlement
Partial loan settlement

Direct debit for loans
Restructure your loan

Are you struggling financially?
Defer your loan payments

Our accessible and inclusive banking services

Have a question? Visit our Help & Support section for answers to your queries.

Borrow wisely – a few things you should know

If you don’t make the monthly payments towards your loan on time, you will incur a late payment fee
Missing repayments can affect your credit score, limiting your ability to access loans or financing in the future
If you refinance your loan or defer your payments, your loan will take longer to pay back, and you may pay more interest
If you can’t meet a monthly payment, apply in advance for a deferment. You can do this up to twice a year

It’s important to read the terms and conditions and know the fees and charges before you apply for a loan.

Important links and documents

Key facts statement

Fees & charges

Home Loans T&Cs

General T&Cs

Other Loans

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